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Azorra sells two 777-300ERs to FPG Amentum

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Azorra sells two 777-300ERs to FPG Amentum

Azorra has sold two Boeing 777-300ERs to Dublin-based aircraft asset manager FPG Amentum. 

Both aircraft, MSN 61730 and 61731, are on lease to Philippine Airlines.

“The sale of these Boeing 777-300ERs demonstrates Azorra’s ability to trade across many different asset types," said Elaine Cotran, vice president for commercial at Azorra.

"By leveraging strong industry partnerships, transactions like this are key to executing our growth strategy, and redeploying capital into areas where we see attractive opportunities.”

Damon Connery, chief operating officer of FPG Amentum, said: "This transaction reflects our continued commitment to investing in high-quality, in-demand assets, and supporting leading carriers such as PAL."